Nudging your way to a higher retirement income

IFS lists the challenges facing the UK pensions system

clock • 8 min read

Adrian Boulding explores the concept of nudging savers towards building a higher retirement income, including the self-employed section of the workforce...

Last month, the Institute of Fiscal Studies published its 37-page Pensions Review paper entitled ‘Challenges for the UK pensions system: the case for a pensions review'. The new IFS-led review is supported by the Abrdn Financial Fairness Trust and has received valuable input from luminaries from the world of politics and the pensions industry including Alastair Darling, David Gauke, Mubin Haq, Joanne Segars and David Sturrock. It will run for two years. Many have speculated that this review is happening because of the lack of enthusiasm from both major political parties to fund a full...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Women in their 50s facing 'pensions crunch'

Women in their 50s facing 'pensions crunch'

Woman aged between 50 and 59 projected to retire on £12,600 a year

Martin Richmond
clock 11 November 2026 • 3 min read
Women's retirement income outlook improves but 'faster' change needed

Women's retirement income outlook improves but 'faster' change needed

Most women still on track for minimum retirement standard or worse

Alex Levy
clock 10 November 2026 • 3 min read
Why the pensions dashboard could raise more questions than it answers

Why the pensions dashboard could raise more questions than it answers

The 31 October connection deadline was a 'starting gun rather than the finish line'

Robert Holford
clock 09 November 2026 • 4 min read